Zug, Switzerland
Chain4Travel is a blockchain startup based in Switzerland that aims to revolutionize the travel industry. With the slogan "Connecting the new world of travel," the company is the facilitator of the Camino consortium blockchain, offering a disruptive approach to trade touristic products B2B and B2C. Founded in 2021, Chain4Travel has gained significant traction with over 150 supporters from the travel industry.
The latest milestone for Chain4Travel was the €5.20M Initial Coin Offering investment on 03 October 2022, signifying a strong vote of confidence in the startup's potential. The absence of specific information on the investors behind this funding round leaves some questions about the nature of the backing, but the size of the investment itself is a noteworthy marker of the company's progress.
With the upheaval caused by the COVID-19 pandemic, the travel industry is ripe for innovation, and Chain4Travel's capabilities in blockchain present an intriguing prospect for venture capital firms seeking opportunities in this space. As the company continues to develop and scale its operations, monitoring its progress would be of interest to investors looking for exposure to blockchain innovations in the travel sector.
